A fine balance

Summary

The Day So Far…

The market appears to be gathering itself after the brief period of risk off trade that materialised at the open of Wall Street yesterday. The combination of tension rising in the Korean peninsula, the political fallout from the Syria air strikes, Trump’s failure on the repeal of Obamacare, and Melenchon rising in the French polls, all came together to create a negative build in sentiment, which when in combination with the lower liquidity heading into the Easter period saw a concerted move lower in US stocks.

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